The €30-million business produces SBR from its site in Pischelsdort, which is used in the paper industry, notably in packaging end-markets.

According to Synthomer, the purchase will enhance its SBR business and production network for paper/packaging applications while also increasing its access to “attractive new opportunities across Europe.”

The bolt-on acquisition is expected to complete early in 2018 following regulatory approvals and other closing…

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